Form 4: Independent Bank Corp Executive Maria S. Harris Reports Stock Transactions

Maria S. Harris, Chief Human Resources Officer of Independent Bank Corp, reports acquisition of shares through vesting of a performance stock award and disposition of shares to cover tax obligations.

Summary

• On March 19, 2025, Maria S. Harris, Chief Human Resources Officer of Independent Bank Corp, acquired 858 shares of common stock due to the vesting of a performance stock award.
• These shares were acquired at a price of $0.
• Also on March 19, 2025, Ms. Harris disposed of 231 shares to satisfy a tax withholding obligation at a price of $64.065 per share.
• Following these transactions, Ms. Harris beneficially owns 14,394.6325 shares of Independent Bank Corp common stock, which includes 1,018.6325 shares held in her 401(k) account.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey strong positive or negative sentiment.

Positives

• The vesting of performance stock awards suggests that Ms. Harris has met certain performance criteria.

Negatives

• The disposition of shares to cover tax obligations reduces Ms. Harris's direct holdings in the company.

Risks

• There are no specific risks mentioned in this document.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Independent Bank Corp, INDB, Maria S. Harris, Chief Human Resources Officer